I am looking at a consolidated tax certificate from Investec from the share portfolio of a deceased estate, trying to make sense of an IR185 form, and one of the entries on the Investec certificate is UK Unit Trust Int, with the figures Gross = 573.07 Income Tax = 76.28 Net Amount/Dividend =496.79.
I thought interest was taxed at 20% which would be 144.61 so I am puzzled by by the 76.28 figure. I would be grateful for an explaination. Also as this is not savings income, on the IR185 would this go in box 18 Dividend income afer that taken off?
A supplementary question is that there is an entry Overseas Dividends Gross= 328.25, Income tax = 0 Net Amount/Dividend = 328.25. But there is not a box for Overseas Dividends, so where does this go? Apologies if this is in the wrong forum for these questions.
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